OnTheMarket’s newly appointed CEO, Jason Tebb, is joining the company with quite the welcome party. He has been gift around 380,000 ordinary OTM shares, to vest within two years, currently worth £531,000.
Starting his career at OTM off, Tebb says he’s looking to shake things up that will include better communication with member agents through local meetings between himself and those agents. Tebb also has beta phases in the works for new tech the company develops, moving forward.
Tebb explained:
“OnTheMarket is truly unique. It is majority-owned by agents, with approximately 65 percent of the company is in agent’s hands, and I firmly believe that we need to stay true to these roots.”
He has received the company during a time of unrest, as OTM competes heavily with rivals and the upcoming launch of Boomin. Tedd knows this and already has plans to keep the company ahead of the curve with the help of improved marketing activity and optimizing the platform with better tools and market data.
Matterport recorded net losses of $256.6 million in 2024 while total revenues rose 8% to $169.7 million, according to filings...
Read More
Rightmove, the UK's leading property portal, has released its trading update for the financial year 2024. The company saw resilient...
Read More
The Netherlands-based rentals marketplace HousingAnywhere will announce a new CEO imminently after Djordy Seelmann stepped down after ten years at...
Read More
The market-leading German real estate portal operator Scout24 has reported robust financial performance for the fourth quarter and full year...
Read More
